69.91 undeveloped acres in Old Town Pagosa being offered for the first time in nearly 35 years. This listing, though being sold as one lot, is comprised of three individual / contiguous parcels, each with different zoning classifications, no HOA and a multitude of options for use whether residential or commercial, e.g.; develop, subdivide, build dream home on back 53 acres and sell the multi-use parcel to a developer, etc. This property would also be an attractive buy & hold investment for someone that is looking to 1031 out of another property. First, there's 5.63 acres zoned Mixed-Use Corridor (MU-C) with apx 500 ft of frontage to Highway 160 and easy access off Great West Ave across the street from George Sanders Plumbing and Heating Supply Store. The town of Pagosa has expressed interest in acquiring a 20 ft easement for a pedestrian walkway to parallel 160 but the current owner is going to leave this up to the next owner. It is also worth noting that the Access Control Plan, dated 21-Dec-10, adopted by the County, Town and CDOT, shows a conceptual frontage road running parallel to Highway 160 through this parcel. The 53.02 acre parcel directly south of the above referenced Mixed Use parcel is currently zoned Rural Transition (R-T), though in the Town's 2017 Comprehensive Master Plan they propose a zoning change to Town Residential - High Density (R-22). This parcel has it all with easy access from Baldwin Court, open meadows, gently sloping hills with views of both Pagosa Peak and the Eastern Range . There's also an idyllic build site for a dream home atop the hill on the western corner of the property. Finally, there's 11.26 acres dedicated to Open Space. This 11 acres is for the most part sloped with dense / mature timber, and is somewhat of a sanctuary for the deer residing in town limits. This parcel would likely suffice a future development's green-space requirements. Zoning Definitions, as defined by the Pagosa Springs Code of Ordinances, are attached to listing along with Access Control Plan for reference.
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